Home » BWI News » 2011 » February » February 8, 2011

New-Age Business Consultants’ Trading Excise Module Proves Useful for SAP Business One Customers and Partners

February 8, 2011 - Bangalore, Karnataka, India

New-Age Business Consultants, a leading ERP, CRM and BI solution provider focused on India’s SME sector with significant domain experience in Manufacturing (Discrete & Process), Distribution, Retail, Project and Service Industries announced today that its out-of-the-box Trading Excise Solution Component, integrates seamlessly with SAP Business One and is a preferred solution not only for its own customers, but also for other SAP Business One Partners.

Excise Duty, which is a tax applicable on all goods produced or manufactured in India, comes with tax implications for traders as well. Accurate Excise Duties reporting is critical for a Trader registered for Excise. It is time consuming as companies can spend several weeks on manual data management and in spite of the arduous effort end up with reconciliation issues.

Understanding the complexities of the Indian Trading Excise requirements and the importance of capturing these within the framework of SAP Business One solution, New-Age Business Consultants has developed a Trading Excise Solution Component which automates computation of duties in documents.

New-Age Business Consultants’ Trading Excise solution provides SMEs a seamless way to input information, furnish mandatory returns (Form 2 Sales and Form 2 Purchase) and maintain mandatory registers (RG23D) as required by the authorities while ensuring that the workflow, financial reporting, and operational modules are aligned to SAP Business One
“Having provided ERP solutions over the years, we saw a recurrent requirement for Trading Excise Integration and we decided to have a team working on the solution. Today, the solution is sought out not only by our customers, but also by other SAP partners.” says Mr. Giridhar Murthy, Director, New-Age Business Consultants.

“Our aim is to continuously anticipate customer requirements and exceed their expectations”, he adds.

About New-Age Business Consultants

New-Age Business Consultants focuses on providing ERP, CRM and BI Solutions to Small and Medium Enterprises (SME). It collaborates with Leaders, SAP ™ and SAGE ™, to bring their Solutions to market and partnering with their Customers to help them evaluate and implement these Solutions for their Organizations. New-Age Business Consultants was set up in 2001 by persons having significant Industry, Consulting and Business Software experience in SMEs. New-Age Business Consultants have significant domain knowledge in Manufacturing (Discrete & Process), Distribution, Retail, Project and Service Industries.

Source: Business Wire India


Comment on this story